Welspun Corp up over 10%
By
Research Desk
about 11 years ago
Welspun Corp is up on a strong rally today. The stock is up over 10% at Rs.50.60 and volumes have surged 1.5 times.
The stock is up on news that the promoter has upped its holding in the company. On 18th Dec, Krishiraj Trading bought 30,572 shares on the BSE and 22,926 shares on the NSE at an average price of Rs.35.90/share. After this buy, the total holding of Krishiraj, a company owned by the promoters, increased from 31.57% to 31.59%.